– Debt was incurred during Mozambique’s civil war and accumulated over decades
By MOZTIMES
Maputo, (MOZTIMES) – Mozambique has negotiated an 80 per cent reduction in its debt to Iraq, according to a joint release from the Mozambican Ministries of Finance and of Planning and Development.
The debt of USD 60.3 million was contracted in 1979 and 1980 and concerned the purchase of Iraqi oil.
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